Generation Money: Differing Mindsets

Bob Winnington observes how different generations have distinct approaches to money management, influenced by their thought processes and lifestyle choices.

Some are calm and measured, absorbing information before making informed decisions. Others are more impulsive, influenced by advertisements and prone to buying on a whim, especially when using digital devices.

He also discusses the impact of events like Black Friday, questioning whether people are swayed by seemingly attractive deals or if they critically assess the value and necessity of the purchase. This behavioral variance, the speaker notes, is intriguing in understanding how individuals choose to spend or save.

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